Withdrawal policy for International Workers under Provident Fund

The instructions outlined below have to be followed while making payment to the international worker at the time of leaving India: Employer should make the payment of contribution through separate ECR within 3 days of the month in which the member is leaving the country; Employer should submit the claim forms in respect of such…


Maternity Benefit (Amendment) Act 2017 (Clarifications)

Maternity Benefit Act 2017 was passed in March 2017 and all the provisions introduced were applicable from April 2017. The major changes brought in by April 2017 were: Extension of maternity benefit period to 26 weeks (from 12 weeks ) Extending the maternity benefit provision towards adopting as well as commissioning mothers. Maternity leave for…


Gratuity exemption limit proposed to be increased

7th Pay Commission brings good news for government employees and promises the same for those in the private sector. The 7th Pay Commission has recently increased the gratuity exemption limit to Rs. 20 Lacs (earlier the limit was Rs. 10 Lac) for all their government employees. Furthermore, the Ministry of Labour and Employment is in discussion…


Approved transfer from Recognized Provident Fund & Superannuation Fund to National Pension Scheme (NPS) –

The National Pension Scheme (NPS) has been gaining popular investment views from many of the tax saving investors. Keeping the same in line, during the recent budget of 2016-17, the government had announced the opportunity for all the subscribers of recognized ‘Provident Funds’ and ‘Superannuation Funds’ to transfer their accumulated corpus funds from their respective…

Time Tracking

Do Not Let Employee Time Tracking Effort Discourage You

Tracking time is one of the simplest ways to keep track of employee productivity, especially for outsourced projects completed at home or offsite in a remote location. However, many employees still see time tracking as a problem. Some companies choose to go with a system that includes simply updated timesheets that are entered manually into…


Top 4 Tips To Structure Deployment of HRM Software

Features and services related to information technology are changing more often than ever before. Users are being affected due to the frequent changes in information technology. A new and better application comes in when they have just begun to get skills over its previous versions. Consequently, they remain ignorant of many software applications and lack…

HRM Software